Auto Warranty Companies Fight For Your Business
car warranty - The industry of auto warranty companies is really a fiercely competitive one. You will find a limited variety of cars on the streets - granted, there are many them, and each one of them, at some time or still, has or experienced a warranty - however with the large number of companies fighting for that business of those drivers, it means that each car owner will be the target of some very hungry sales reps.
This is definitely a daunting position to remain for any car owner. Regardless if you are buying a new car from a dealership, or purchasing a used car, you will have people trying to sell you their warranty services.
In the dealership, you could encounter a pushy sales person who can try everything they are able to to get you to sign on for an extended warranty once you make your initial purchase. There are advantages to buying at that time, including getting the costs in the warranty rolled up to the financing for that car, and realizing that your dealership will continue being the area to get any repairs or replacements done. However these comforts could end up costing you hundreds or lots of money in the end. Sales representatives make huge commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, rather than adding a small number for your monthly car payment bills. However it would likely save you money.
But simply as not all car sales person has gone out to rip you off, its not all third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to get you as being a client, so use that to your benefit. Make a price comparison, take a look at each of the terms of the warranties offered, and tell the firms you talk to “hey, make me the best offer.” If they can't, someone else will.